Address
City: Jersey City
Neighborhood: The Heights
State: New Jersey
Postal Code: 07307
Country: United States
Business facts
Estimated annual revenue~$136.1K
Estimated employees~2
In business since2021 (est.)
Estimate based on strong signals
Area statistics (07307)
Population42,184
Median household income$76,664
Source: US Census ACS
About
Mathbeat is located in Jersey City, New Jersey. This business is working in the following industry: Private Tutor.
Market analysis
Earning below its category median in a growing category (Private Tutor).
EstimateCategory trend: 2024, +7.6%
Revenue trend (modeled)
~$111.6K2019
~$93.0K2020
~$98.4K2021
~$122.9K2022
~$131.2K2023
~$136.1K2024
Modeled from official industry statistics+4.1%/yr since 201980% confidence band: ±42%
Property
Lot size2,073 sq ft
Land use2
CountyHudson
Land value$204.3K
Last sale$495.0K (170608)
On this lotshared with 897 other businesses
ObservedPublic assessor / cadastre record
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Private Tutor in New Jersey | 207 | ~$112.8M | ~$544.8K | ~$249.7K | 5.0★ | 0.5× |
Category revenue trend2024: +7.6%2023: +10.1%2022: +15.2%2021: +14.1%Modeled from business-level estimates
Chain pressure39 chains expanding in this category, led by Mathnasium, Kumon Math And Reading, Club Z! In-Home Tutoring (+1,079 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 868 | ~$673.1M | ~$775.5K | ~$428.4K | 3,032 | ~$199.2M | 0.3× |
| Education | 28 | ~$20.4M | ~$729.0K | — | 209 | — | — |
1 km area (all businesses): median from the 736 of 868 businesses with estimates
Estimate
Area conditions (07307)
Population42,184 ±2,137
Median household income$76,664 ±$6,489
Median home value$546,600
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS